Tenancy Deposit Scheme

Tenancy Deposit Scheme

The Law states that any deposit paid by a private tenant from 1 April 2013 must be protected by your landlord or letting agent in an approved Tenancy Deposit Scheme. Any landlord renting a property privately must also be registered in the Landlord Registration Scheme, you can check on NIDirect if a landlord has registered.

These Schemes make sure that your deposit is safe so you can get it back when you move out (as long as you have looked after the property and paid your rent).

You should make sure that your landlord or letting agent has protected your deposit and within 28 days you must be provided with written details about your deposit and where it has been protected (called your ‘Prescribed Information’).    

Further info can be found by at NIDirect – Private renting | nidirect

The Department for Communities has appointed three scheme administrators to operate the scheme. They are:

TDS Northern Ireland 
My Deposits NI
Letting Protection Service NI

Disagreements about the return of your deposit at the end of your tenancy should be directed to the scheme administrator who is protecting your deposit, the free Dispute Resolution Service provided by each administrator can be used to help resolve any disagreements.

You can also visit Housing Advice NI for advice from Housing Rights on private sector rental.

It’s your money – don’t lose it! Please follow this advice to make sure your deposit is protected! 

6 Fool-Proof Steps To Get Your Tenancy Deposit back

You’re going to need your tenancy deposit back at the end of term to put down on your next place. Thousands of students don’t get all their money back though, with 50% of deductions because of issues with cleaning. Here are some top tips to help you get all your money back.

UUSU want to make sure you know the facts.

6 Fool-Proof Steps To Get Your Tenancy Deposit back

You’re going to need your tenancy deposit back at the end of term to put down on your next place. Thousands of students don’t get all their money back though, with 50% of deductions because of issues with cleaning. Here are some top tips to help you get all your money back.

1)Photos and video are key

An inventory is a list of everything in the property and the condition it’s in when you move in. If you weren’t given one by your landlord or letting agent, print one out and go through each room noting down any damage or shabby areas. Take photos or video as evidence and send them to your landlord along with your inventory. That way you won’t lose money when you move out for problem areas which existed before you even moved in.

 

2)Check if your deposit is protected

When you hand over your deposit your landlord needs to put your money into a government-backed Tenancy Protection Scheme within 30 days. The schemes make sure you get your deposit back providing you stick to the terms of your contract, don’t damage the property and pay your rent and bills.

 

3)Negotiate any surprises in the contract 
Read through your contract thoroughly with your housemates and if there are any demands that are unfair don’t be afraid to negotiate. Some landlords insist you pay for professional cleaners when you move out – agree upfront who will do this to avoid paying more than the going rate.

 

4)Get the marigolds out
Leaving accommodation dirty and in a mess is the most common reason landlords don’t return student’s deposits. Agree a cleaning rota with your housemates and make dusting, hoovering and scrubbing a weekly routine. That way you’ll have far less work to do when it comes to moving out and you’ll be in with a better chance of getting all your money back.  

 

5)Be a respectful tenant
Your landlord isn’t the enemy – try to develop a positive relationship and let them know if you have any accidents as soon as possible and if you think you might be able to fix it yourself offer to do so. Remember your landlord wants a hassle free time as much as you do.  

 

6)Refresh your memory when you leave
Leave the property as you found it by using your inventory to remind yourself what condition it was in when you got there. Your landlord shouldn’t deduct any monies for reasonable wear and tear. Once you both agree how much deposit you will be getting back your deposit must be returned to you within 10 days. If you disagree, your deposit will be protected by the scheme it’s in until the issue is sorted out. 

              
For more information and a video about protecting your deposit follow the link here  http://www.money.co.uk/guides/student-renting-how-to-protect-your-deposit.htm

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